Tech Company Financing Transactions
Knewton Funding Round
Knewton, based in New York, secured $12.5 million in funding from FirstMark Capital, Accel Partners and Bessemer Venture Partners.
Transaction Overview
Company Name
Announced On
4/19/2010
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series C
Investors
FirstMark Capital (Lead Investor) (Amish Jani)
Proceeds Purpose
Knewton's new financing will accelerate expansion to meet the surging demand for its adaptive learning engine, which uses proprietary algorithms to identify and address each student's unique needs.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
100 5th Ave.
New York, NY 10011
USA
New York, NY 10011
USA
Phone
Website
Email Address
Overview
Knewton has developed the industry's most powerful adaptive learning engine, customizing educational content to meet the needs of each student.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brian Kibby
Chief Financial Officer
Jennifer Grunebaum
Chief Technical Officer
Erion Hasanbelliu
Founder
Jose Ferreira
Vice President
Jason Jordan
VP - General Counsel
Michael Chapin
VP - Human Resources
Tanya Livingstone
VP - Product Management
Douglas Hughes
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Where The Data Comes From
We document every notable VC transaction. VC transactions reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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